KUALA LUMPUR: The Securities Commission (SC), together with Bank Negara Malaysia (BNM), will engage with energy sector stakeholders to assess companies’ readiness to meet the technical screening criteria under the ASEAN Taxonomy.
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Malaysia stands out when it comes to developing sustainable financing compared to other Asean countries, said World Bank senior economist (finance competitiveness and innovation) Tatiana Didier.
For Malaysia to meet its net zero emissions by 2050, much of the estimated investments and funding needed – ranging between RM350bil to RM450bil – is expected to come from private sector sources.